VIA VANGUARD: The naira remained relatively stable on Tuesday, with the official market holding steady while the parallel market kept its premium. Market Buying Selling NFEM (official) ₦1,332.49 ₦1,332.49 Parallel market ₦1,365–₦1,370 ₦1,375–₦1,390 Data…
October 12, 2026VXVia XBusiness and Economy, Nigeria, Notes
VIA THE CABLE ON X BREAKING: Dangote refinery extends IPO by two weeks Dangote Group plans to extend the application deadline for the initial public offering (IPO) by two weeks to allow investors in…
October 12, 2026NNairametricsBusiness and Economy, Notes
Dangote Petroleum Refinery and Petrochemicals has extended the subscription deadline for its initial public offering (IPO) to October 27, 2026, following regulatory approval. According to Nairametrics, the Securities and Exchange Commission approved the two-week…
October 12, 2026MMarketWatchBusiness and Economy, Notes
Billionaire entrepreneur Elon Musk has reportedly become the wealthiest American in history, with his net worth surpassing $1 trillion following gains in the value of his companies. According to MarketWatch, the surge in shares…
October 12, 2026TIThe ICIRBusiness and Economy, Notes, Technology
The International Monetary Fund (IMF) has warned that artificial intelligence (AI) could affect approximately 40 per cent of jobs globally, urging governments to prepare workers for major labour market changes. According to The ICIR,…
October 12, 2026RRifnoteBusiness and Economy, Notes
Former African Development Bank (AfDB) President Akinwumi Adesina has urged African countries to prioritise industrialisation, local manufacturing and technological innovation instead of relying on raw material exports. According to SaharaReporters, Adesina made the call…
October 12, 2026VVanguardBusiness and Economy, Notes
VIA VANGUARD: The naira’s performance remains important to Nigerians paying tuition abroad, funding travel and importing goods. Here are the latest available figures: Market Buying Selling NFEM (official) ₦1,332.49 ₦1,332.49 Parallel market ₦1,370 ₦1,380…
October 11, 2026TThisDayBusiness and Economy, Notes
Global credit rating agency Fitch Ratings has revised Nigeria’s economic outlook from Stable to Positive while affirming its Long-Term Issuer Default Rating at ‘B’, citing ongoing reforms and stronger foreign exchange reserves. According to…
October 10, 2026CCNNBusiness and Economy, Nigeria, Notes
Nigerian chef and Guinness World Record holder Hilda Baci says she wants Nigerian restaurants to become as commonplace around the world as Chinese ones, CNN reports. “My goal is that, any country that you…
October 10, 2026CTChannels TelevisionBusiness and Economy, Notes
The Federal Government has directed all ministries, departments and agencies (MDAs) to purchase vehicles exclusively from licensed local assemblers or authorised retailers under its Nigeria First Policy. According to Channels Television, the Director-General of…
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